Zoetis Profit Rises on Strong Sales in U.S.

Animal-Medicine Maker Backs 2014 Financial Outlook

By

Asma Ghribi

May 6, 2014 7:50 a.m. ET

Zoetis Inc. said its first-quarter earnings rose 11% as the animal-medicine maker reported strong sales in the U.S. and a lower cost of sales.

Zoetis, which spun off from the world's largest drug maker by sales, Pfizer Inc., last May, makes vaccines and drugs for livestock such as cattle and swine, as well as for pets. The company also backed...